July 2023 – Page 11 – Mr Bounce Back – Bounce Back Loan News – Updates

7 Year Ban for Company Director Who Didn’t Offer Up Any Accounting Records to Prove the Legitimacy of His Company’s Barclays Bounce Back Loan Application and Where the BBL Funds Went

July 7, 2023

Just a 7 year ban for the Company Director named in this case, which would of course have been a much longer ban, if he had produced accounts that proved BBL wrongdoing. […]

Over-Egging Her Corner Shop’s Turnover to Get a £50k Bounce Back Loan Then Taking the Creditors Voluntary Liquidation Route, Leads to a 10 Year Ban

July 6, 2023

Here are the details of another £50k Bounce Back Loan that has turned sour. […]

For Transferring His Company’s HSBC BBL to Himself Therefore Breaching the Rules of the Scheme, a Company Director is Given a 6 Year Ban

July 6, 2023

Here is the story behind another wayward HSBC BBL. […]

Lenient 6 Year Ban Given to Company Director Who Didn’t Use His Company’s Metro Bank Bounce Back Loan for the Benefit of the Business, But Used It for Other Things Instead

July 6, 2023

This is one of the more lenient bans handed out to a Company Director for BBL related wrongdoing. […]

Colluding Co-Directors Split a £50k Santander BBL 50/50 Which They Blagged For Their Company That Wasn’t Eligible for a BBL in the First Place, and Get Slapped with Matching 11 Year Bans After Repaying Less Than £1k

July 6, 2023

Applying for a BBL when their Company wasn’t trading resulted in the Co-Directors named being given matching 11 year bans. […]

Very Dodgy Firm Offering to Buy Your BBL/HMRC Debt Ridden Ltd Company for £1 and a Hefty Fee – Don’t Try and Cheat the System or You Will Get Scammed

July 5, 2023

I was tipped off that there was a company advertising itself on Google that was offering to buy […]

10 Year Ban for Another Company Director Who Over-Egged His Business Turnover to Obtain a BBL, Then Didn’t Offer Up Any Accounting Records to the Liquidator to Prove Where That Loan Went

July 5, 2023

Just one Director ban today the 5th of July 2023, and that is to the man named in this case who is now starting a 10 year ban for wrongdoing associated with a Barclays BBL. […]

Suspended Sentence for Scamster Who Blagged £195,000 in Covid-19 Support Grants Which Was Meant for SME’s from St Helen’s, Thurrock, and Rochdale Local Authorities

July 4, 2023

A fraudster who sought to exploit the taxpayer through a COVID-19 support scheme was sentenced yesterday 3rd July 2023 following a lengthy National Investigation Service investigation. Rais Kayani, 31, pleaded guilty previously to a single […]

A Quick Glance at the Filed Accounts Showed a Much Lower Turnover to the One Declared on a BBL Application, Proving a Company Director Did Over-Egg Her Business Turnover to Blag a £30k BBL, to Which She is Today Starting a 9 Year Ban

July 4, 2023

Here is the story behind the 9 year ban the Company Director named is starting today, the 4th of July 2023. […]

12 Year Ban for Over-Egging His Company’s Turnover to Get a BBL, Not Spending it on His Business Then Getting His Company Dissolved Without Informing the Bank – Cases Like These Usually End Up in a Jail Sentence

July 4, 2023

This is the type of case the Criminal Investigators over at the Insolvency Service are looking for, and such cases usually end up in court. The reason is that the Director named has breached the Companies Act 2006 by not informing his BBL Lender about the dissolution. […]

Month: July 2023

7 Year Ban for Company Director Who Didn’t Offer Up Any Accounting Records to Prove the Legitimacy of His Company’s Barclays Bounce Back Loan Application and Where the BBL Funds Went

Over-Egging Her Corner Shop’s Turnover to Get a £50k Bounce Back Loan Then Taking the Creditors Voluntary Liquidation Route, Leads to a 10 Year Ban

For Transferring His Company’s HSBC BBL to Himself Therefore Breaching the Rules of the Scheme, a Company Director is Given a 6 Year Ban

Lenient 6 Year Ban Given to Company Director Who Didn’t Use His Company’s Metro Bank Bounce Back Loan for the Benefit of the Business, But Used It for Other Things Instead

Colluding Co-Directors Split a £50k Santander BBL 50/50 Which They Blagged For Their Company That Wasn’t Eligible for a BBL in the First Place, and Get Slapped with Matching 11 Year Bans After Repaying Less Than £1k

Very Dodgy Firm Offering to Buy Your BBL/HMRC Debt Ridden Ltd Company for £1 and a Hefty Fee – Don’t Try and Cheat the System or You Will Get Scammed

10 Year Ban for Another Company Director Who Over-Egged His Business Turnover to Obtain a BBL, Then Didn’t Offer Up Any Accounting Records to the Liquidator to Prove Where That Loan Went

Suspended Sentence for Scamster Who Blagged £195,000 in Covid-19 Support Grants Which Was Meant for SME’s from St Helen’s, Thurrock, and Rochdale Local Authorities

A Quick Glance at the Filed Accounts Showed a Much Lower Turnover to the One Declared on a BBL Application, Proving a Company Director Did Over-Egg Her Business Turnover to Blag a £30k BBL, to Which She is Today Starting a 9 Year Ban

12 Year Ban for Over-Egging His Company’s Turnover to Get a BBL, Not Spending it on His Business Then Getting His Company Dissolved Without Informing the Bank – Cases Like These Usually End Up in a Jail Sentence

As We Move Into Year 5 of the BBL Scheme Here are the Simple, Logical and Much More Importantly, the Legal Reasons Why Most Bounce Back Loan Debts Are Never Going To Be Enforced – So If You Are in Default, Concentrate on Bouncing Back But Without The BBL Around Your Neck

Subscriber Special – Step By Step Guide to Getting the Maximum Bounce Back Loan Defaulter Discount – You Could, Like 10,000s of Others, Pay Just Pennies in the Pound and Have the Rest Written Off Legally and Legitimately By the Lender with No Further Action